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Re: Tatsumaki post# 414574

Thursday, 08/24/2023 6:55:44 PM

Thursday, August 24, 2023 6:55:44 PM

Post# of 424192
Tatsumaki, Your assumption about shorting between funds would only be legal if it's in their charter. I doubt "they" would trade between funds. It doesn't make sense I think it's for other reasons why the shares have been distributed to several funds. If Sarissa did a distribution between funds which he doesn't control he would have to report it. It boils down to "beneficial ownership". Also, a distribution between prime brokers is a wise decision on Sarissa's part since there's so much uncertainty regarding the stability of the financial institutions. If and when the shares do pop on a major news event they could be worth more than his other positions in various prime broker accounts.
The fact is the price of the shares won't gain Wall Street's attention unless Amarin reinvents itself with another drug or derivative thereof.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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